InventChip Technology Co., Ltd. announced that it has received $28 million in funding from SAIC Capital Company Limited, Rockets Capital, Sungrow Power Supply Co., Ltd., Gelin Dahua Capital Management Co., Ltd., Jiangsu Zeversolar New Energy Co.,Ltd., Ginlong Technologies Co., Ltd.
December 21, 2022
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InventChip Technology Co., Ltd. announced that it has raised $28 million in a round of funding led by SAIC Capital Company Limited on December 21, 2022. The transaction also included participation from Rockets Capital, Sungrow Power Supply Co., Ltd., Gelin Dahua Capital Management Co., Ltd., Gelin Dahua Capital Management Co., Ltd. and Ginlong Technologies Co., Ltd.
Ginlong Technologies Co Ltd, formerly Ningbo Ginlong Technologies Co Ltd, is a China-based company principally engaged in the research and development, production and sales of string inverters as well as the provision of related after-sales services. The Company's main products include single-phase string inverters, three-phase string inverters and other inverters. In addition, The Company is also engaged in the production and sales of inverter fast shut-offs, inverter data collectors, distributed wind power system supporting products and distributed photovoltaic inverter parts. The Company's products are mainly used in distributed photovoltaic power generation systems. The Company mainly distributes its products to the overseas markets.
InventChip Technology Co., Ltd. announced that it has received $28 million in funding from SAIC Capital Company Limited, Rockets Capital, Sungrow Power Supply Co., Ltd., Gelin Dahua Capital Management Co., Ltd., Jiangsu Zeversolar New Energy Co.,Ltd., Ginlong Technologies Co., Ltd.